The Dubbo Regional Livestock Market is hosting some of the largest cattle sales seen in the centre’s history, reaching almost 8000 head yarded at last week’s prime cattle sale.
Most of the regular buyers were operating along with additional restocker support from Roma and Moree buyers. There were also two additional processor orders along with an extra feeder order from southern operators.
Young cattle to the restockers were 15c to 20c cheaper with steer calves selling from 234c for plain quality Bos Indicus cross calves to 334c for top quality Angus calves.
The larger yarding was sourced from all districts with most experiencing the lack of feed and water due to the dry. A number of growers are now dipping into their core breeders as they find the need to destock.
The better quality yarding of young trade cattle along with the additional buyer created more competition resulting in an 8c dearer market for the trade cattle.
With smaller numbers at most major centres throughout the week most operators were keen to secure numbers which created a solid market in all sections.
The quality of the yarding is really showing the effects of the dry conditions with only a limited selection of prime cattle in all sections. Not all the regular buyers were operating with the absence of some feeder buyers
A fair quality yarding with reasonable numbers of young cattle, quality was similar to the previous sale with a number showing the effects of the very hot and dry conditions.
The bulk of the yarding at Dubbo yesterday were sourced from local districts with very few far western cattle throughout the yarding which is probably due to the very hot conditions which would make it almost impossible to muster. Most of the regular buyers were operating with the exception of some feeder orders and one major export processor has not yet commenced for the year.
The last prime cattle sale for the year for Dubbo produced a much smaller yarding with numbers dropping by 1600 for a total of 2560 cattle.